President Trump was flanked on 26 May by Chancellor Angela Merkel during the G7 meeting in Taormina (Italy). 201

7. (Photo: AP)

We know that it pays to be CEO of a Fortune 500 company. Is it worth it to be president of a country? Ask the men and women who are among the highest paid executives in the world.

With an annual income of just over $ 200,000 to more than $ 1.6 million, the annual earnings of these heads of state far exceed the salaries of the average citizen in their countries. In general, these countries are among the richest and most productive countries in the world. Although among the countries on this list, the annual salaries of Heads of State and Government are well above the country's per capita GDP or average wages.

Wall Street has reviewed publicly available annual compensation figures around the clock to identify 20 of the world's highest paid executives. We collected information from country websites as well as data from organizations such as the International Monetary Fund and the CIA World Factbook.

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Salaries are expressed in US dollars converted from the country of origin April 13, 2018. Leaders of absolute monarchies such as Qatar, Brunei Darussalam, and Saudi Arabia were excluded from our list due to lack of consistent data.

Constitutional monarchies except the highest currencies have been included Officials have the power to appoint the government. In such cases, including Kuwait, Bahrain and the United Arab Emirates, compensation for governance is often not publicly disclosed.

Édouard Philippe, Prime Minister of France. (Photo: Lintao Zhang / Getty Images)

20. Édouard Philippe
• Title: Prime Minister of France
• Annual salary (in USD): $ 220.505,00
• Tenure: 1 year, 10 months
• GDP per capita: $ 40,145.94

In France, the head of state of President Emmanuel Macron has more power than the head of government, Édouard Philippe. Nevertheless, Philippe deserves the same as the French president. Both leaders account for more than five times the French GDP per capita.

19th Jimmy Morales
• Title: President of the Republic of Guatemala
• Annual salary (in USD): 227,099 USD
• Terms of office: 3 years, 2 months
] • GDP per capita: $ 7,421.29

Before Jimmy Morales became president of Guatemala, he was a household name in Guatemala in the Guatemalan TV series "Moralejas" ("Morals"), where he starred alongside his brother. Today Morales earns more than 30 times the economic output of a typical Guatemalan citizen.

18. Leo Varadkar
• Title: Taoiseach
• Annual salary (in USD): 234.447 USD
• Term of office: 1 year, 9 months [19659016] • GDP per capita: $ 66,548.10

Leo Varadkar is the Taoiseach of Ireland. Taoiseach is an Irish word of ancient origin, which means "leader" and is used in the Irish constitution for "the prime minister or prime minister". As Taoiseach, Varadkar earns four and a half times the average salary of Irish citizens. 19659030] Katrín Jakobsdóttir, Icelandic Prime Minister. ” width=”540″ data-mycapture-src=”” data-mycapture-sm-src=””/>

Katrín Jakobsdóttir, Icelandic Prime Minister. (Photo: Sean Gallup / Getty Images)